8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES AND EXCHANGE ACT OF 1934

Date of report (date of earliest event reported): September 29, 2008

SINO-GLOBAL SHIPPING

AMERICA, LTD.

(Exact name of registrant as specified in its charter)

Virginia	001-34024	11-3588546
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

36-09 Main Street

Suite 9C-2

Flushing, NY 11354

(Address of principal executive offices and zip code)

(718) 888-1814

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On September 29, 2008, the Registrant issued a press release announcing the appointment of Mr. Dong Xun Yi as Chief Operating Officer, effective October 1, 2008.

Mr. Dong has over 27 years of experience in the shipping industry, including 22 years with Penavico Yantai, where he ultimately served as deputy general manager. Mr. Dong graduated from the Yantai Water-Transport Technology School in 1981 with a major in port machines. A copy of the press release is attached as Exhibit 99.1 hereto.

ITEM 8.01OTHER EVENTS.

On September 29, 2008, the Registrant issued a press release providing a discussion of its financial results for the fiscal year ended June 30, 2008. A copy of the press release is attached as Exhibit 99.2 hereto.

On September 29, 2008, the Registrant issued a press release announcing the establishment of a new wholly-owned operating subsidiary, Sino-Global Shipping (HK) Limited and the establishment of a branch in Zhoushan, Jiangsu province, China. Sino-Global Shipping (HK) Limited will be the Registrant’s control and management center for southern Chinese ports. A copy of the press release is attached as Exhibit 99.3 hereto.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(a) Financial statements of businesses acquired.

Not Applicable.

(b) Pro forma financial information.

Not Applicable.

(c) Shell company transactions.

Not Applicable.

(d)	Exhibits.
	99.1	Press release, dated September 29, 2008, announcing the appointment of Mr. Dong Xun Yi as Chief Operating Officer
	99.2	Press release, dated September 29, 2008, providing full year financial results for the fiscal year ended June 30, 2008
	99.3	Press release, dated September 29, 2008, announcing the establishment of Sino-Global Shipping (HK) Limited and a new branch in Zhoushan, Jiangsu province, China

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	SINO-GLOBAL SHIPPING AMERICA, LTD.
	By:	/s/ Cao Lei
		Cao Lei Chief Executive Officer
Date: October 1, 2008

EXHIBIT INDEX

Number	Description of Exhibit
99.1	Press release, dated September 29, 2008, announcing the appointment of Mr. Dong Xun Yi as Chief Operating Officer
99.2	Press release, dated September 29, 2008, providing full year financial results for the fiscal year ended June 30, 2008
99.3	Press release, dated September 29, 2008, announcing the establishment of Sino-Global Shipping (HK) Limited and a new branch in Zhoushan, Jiangsu province, China

EX-99.1

Exhibit 99.1

Sino-Global Appoints Dong Xun Yi as Chief Operating Officer

Monday September 29, 5:00 pm ET

BEIJING, Sept. 29 /Xinhua-PRNewswire/ -- Sino-Global Shipping America, Ltd. (Nasdaq: SINO - News; "Sino-Global"), a leading, non-state-owned provider of shipping agency services operating primarily in China, today announced the appointment of Mr. Dong Xun Yi as chief operating officer, effective October 1.

"We are pleased to welcome Mr. Dong to our senior management team," said Mr. Cao Lei, Sino-Global's chief executive officer. "In the service industry, a company's employees are its most valuable asset. Mr. Dong has an extensive track record building a successful business with one of China's largest shipping agencies, most recently as deputy general manager. His appointment shows that our strategy of attracting, motivating and retaining top-level talent is working, and I am confident that Mr. Dong's extensive experience in the industry will prove extremely beneficial as we broaden and diversify the scope and geographic reach of our services. As chief operating officer, Mr. Dong will oversee the ongoing development of our comprehensive set of shipping agency services and will work to streamline our own internal processes as we continue to simplify the shipping process for our clients."

Mr. Dong Xun Yi replaces Ms. Liu Si Xia, who will continue to serve the company. Mr. Cao thanked Ms. Liu for her service as chief operating officer and said, "We believe that the addition of Mr. Dong will improve our company, because we will continue to benefit from the guidance of our previous chief operating officer, Ms. Liu."

Mr. Dong has more than 27 years of experience in the shipping industry. Prior to joining Sino-Global in July 2008, Mr. Dong worked for 22 years with Penavico Yantai, a branch of Cosco Logistics, a state-owned shipping agency established in 1953. As deputy general manager, he oversaw the operation of the bulk and general cargo and container businesses. At that time, Penavico serviced approximately 70 percent of Yantai Port's bulk and general cargo throughput and 60 percent of the port's container cargo throughput. According to a China Daily report on the port services industry, in 2007, the throughput of Yantai Port surpassed 100 million tons, making it China's 11th port able to handle over 100 million tons of freight a year. The throughput of containers in 2007 rose by 75 percent year-on-year to 1 million TEUs (Twenty-foot Equivalent Units), placing Yantai among the top domestic ports in China. Before Mr. Dong was a deputy general manager at Penavico Yantai, he held several other positions at Penavico Yantai, including manager of the shipping department, director of the general manager's office, deputy manager of the shipping department, director of the quality management office and boarding agent. Mr. Dong graduated from Yantai Water-Transport Technology School in July 1981 with a major in port machines.

About Sino-Global Shipping America, Ltd.

Registered in the United States in 2001 and operating primarily in Mainland China, Sino-Global is a leading, non-state-owned provider of high- quality shipping services. With local branches in six of China's 76 ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality services to shipping companies entering Chinese ports. With a subsidiary in Perth, Australia, where it has a contractual relationship with a local shipping agency, Sino-Global provides complete shipping agent services to companies involved in trades between Chinese and Australian ports. Sino-Global also operates a subsidiary in Hong Kong, China, to provide comprehensive shipping agent services to vessels going to and from this world's busiest ports.

Sino-Global provides ship owners, operators and charters with comprehensive yet customized shipping services including intelligence, planning, real-time analysis and on-the-ground implementation and logistics support. Sino-Global has achieved both ISO9000 and UKAS certifications.

Forward-Looking Statements

No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Sino-Global's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undo reliance on these forward- looking statements, which speak only as the date hereof. Specifically, Sino- Global cannot guarantee that the appointment of Mr. Dong or replacement of Ms. Liu mentioned herein will be in anyway beneficial to Sino-Global's operations or financial results. Sino-Global undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

For investor and media inquiries, please contact:

In the United States:

Ms. Manxi Liu

Ogilvy Financial, New York

Tel: +1-212-880-5361

Email: Manxi.Liu@ogilvypr.com

In China:

Ms. Flora Tian

Ogilvy Financial, Beijing

Tel: +86-10-8520-6524

Email: Flora.Tian@ogilvy.com

EX-99.2

Exhibit 99.2

Sino-Global Announces Full Year 2008 Results

Monday September 29, 5:00 pm ET

Companyachieves top-line growth of 49.5%; Issues 2009 full-year revenue guidance

BEIJING, Sept. 29 /Xinhua-PRNewswire/ -- Sino-Global Shipping America, Ltd. (Nasdaq: SINO - News; "Sino-Global"), a leading, non-state-owned provider of shipping agency services operating primarily in China, today announced its selected audited financial results for the full year ended June 30, 2008 and offered revenue guidance for the full year ending June 30, 2009.

Highlights for the Full Year of 2008

· On May 21, 2008, Sino-Global's common stock was listed on the NASDAQ Capital Market.

· Revenues were US$15.1 million in 2008, an increase of 49.5% from US$10.9 million in 2007.

· On July 3, 2008, Sino-Global established a wholly-owned operating subsidiary in Perth, Australia, Sino-Global Australia, which enabled the company to expand its offering of comprehensive shipping agency services to and from ports in Western Australia.

· On August 1, 2008, Sino-Global signed an agency agreement with Monson Agencies Australia. Under the agreement, both agencies will provide shipping agency services under their respective brands in both Chinese and Australian ports.

· On September 22, 2008, Sino-Global incorporated its second wholly-owned operating subsidiary outside of Mainland China. Sino-Global Shipping HK Limited will become Sino-Global's control and management center for southern Chinese ports and will enable Sino-Global to extend its offering of comprehensive shipping agency services to vessels going to and from one of the world's busiest ports.

"In our first earnings period as a public company, I'm pleased to report strong top-line growth for our full fiscal year of 2008," said Mr. Cao Lei, Sino-Global's chief executive officer. "While the world economy is undergoing an uncertain adjustment, I'm encouraged that China continues to show a consistently strong demand for iron ore, which is the most common product shipped by our clients. As heightened fuel prices force shippers to cut costs, I'm confident that our efficient, high-quality shipping services, which are designed to save our clients time and money, will continue to be in high demand. This, coupled with our expanding operations and geographic coverage, should provide us with healthy growth going forward."

"In addition to incurring substantial one-time costs associated with becoming a public company, our bottom line was also affected by the costs of services, which represent expenses we pay out on behalf of our clients as their ships dock in a port to load and unload cargo," said Mr. Mingwei Zhang, Sino-Global's chief financial officer. "As we pay local port costs in Chinese yuan and receive payment from our clients in U.S. dollars, the fluctuation of the yuan against the U.S. dollar affects our revenues and expenses. In fact, the percentage increase of our costs of services was nearly the same as that of the yuan's appreciation against the U.S. dollar. Going forward, we expect that our operations in Australia and Hong Kong will help us hedge against dollar depreciation by allowing us to receive payments from clients in currencies other than the U.S. Dollar. In addition, we will also balance the asset allocations in our subsidiaries in different countries to help mitigate from foreign exchange risk."

"In July, we also established a subsidiary in Perth, Australia to capitalize on Australia's iron ore export trade to China, which led to a subsequent partnership with Monson Agencies throughout Australia," continued Mr. Cao. "This partnership model allows us to quickly increase the number of ships we serve while incurring minimal start-up costs. In the coming year, we intend to continue pursuing other international partnership opportunities while implementing an active expansion plan within China with a goal of opening five to ten new local offices in Chinese ports during the fiscal year 2009. We are excited about the prospect of leveraging the partnership model to reduce expansion costs per port below the level we projected in our initial public offering."

Financial Results for Full Year 2008

Revenues

Revenues increased to US$15.1 million in 2008, an increase of 49.5% from US$10.1 million 2007.

The company noted that revenues are primarily generated in two ways: "fixed fees" that are predetermined with a customer and "cost-plus fees," which are calculated using the actual costs incurred plus a mark-up. Strong revenue growth in 2008 was primarily driven by an increase in the number of ships served, which reached 217 in 2008, an increase of 17.3% from 185 in 2007.

Costs of Services

Costs of services were US$12.4 million in 2008, an increase of 64.7% from US$7.5 million in 2007. Costs of services represent the expenses Sino-Global pays out on behalf of its clients when a ship docks in a port to load and unload cargo. The company typically incurs the costs of services on behalf of the customers at China's local ports in Chinese yuan and then receives U.S. dollars from the customers in return. As a percentage of total revenues, costs of services increased 82.0% in 2008 from 74.4% in 2007, which was in line with the devaluation of U.S. dollars against Chinese yuan in the same periods, from RMB7.6155; US$1.00 in 2007 to RMB6.8591; US$1.00 in 2008, respectively, representing a 9.93% increase of Chinese yuan against U.S dollar.

Gross profit was US$2.7 million in 2008, an increase of 5.3% from US$2.6 million in 2007. Gross margin was 18.0% in 2008, compared to 25.6% in 2007. The company noted that it receives agency fees in U.S. dollars, pays port charges in yuan and that the fluctuating value of the yuan against the U.S. dollar has had a significant impact on gross margins.

Operating Expenses

General and administrative expenses were US$2.3 million in 2008, an increase of 101.6% from US$1.2 million in 2007. The increase in general and administrative expenses was mainly due to expenses related to becoming a public company on the NASDAQ Capital Market and additional expenses incurred in establishing a wholly-owned foreign subsidiary, Trans Pacific, as well as increasing headcount, depreciation expenses, office renting expenses and expenses for legal, accounting and other professional services.

Selling expenses were US$0.2 million in 2008, an increase of 23.9% from US$0.1 million in 2007. Although selling expenses increased $36,851 in 2008, they decreased as a percentage of the total revenues to 1.26% in 2008 from 1.52% in 2007. The company expects selling expenses to increase in absolute amount and may increase as a percentage of total net revenues in the near- term, due to the increase in the number of ships served and increased competition in service charges.

Operating Profit

Operating profit was US$0.2 million in 2008, a decrease of 86.1% from US$1.2 million in 2007. The notable decrease in operating profit was due to an increase in costs of services and general and administrative expenses. Operating margin was 1.2% in 2008 compared to 12.5% in 2007.

Financial income was US$0.2 million in 2008, an increase of 102.9% from US$22,125 in 2007.

Income tax expenses were US$0.2 million in 2008, an increase of 78.3% from US$0.1 million in 2007. The company recorded more tax liabilities on reduced operating profits because Sino-Global generated more operating profits before tax in 2008 that were subject to U.S. taxation than in 2007. Income tax rates in the United States are notably higher than the income tax in China. Sino- Global recorded income tax expenses of $246,667 in year 2008, compared to its income tax expenses of $138,291 in 2007.

Net Income

Net income was US$0.1 million in 2008, a decrease of 87.1% from US$1.0 million in 2007. Net margin was 0.9% in 2008, compared to 10.3% in 2007.

Basic and diluted earnings per share in 2008 were US$0.07, a decrease of 88.3% from US$0.58 in 2007.

PRC enterprise income tax is calculated based on taxable income determined under PRC GAAP. Sino-Global Shipping Agency, Ltd. ("Sino-China"), which we control through contractual arrangements with our wholly owned subsidiary, Trans Pacific Shipping Limited (''Trans Pacific''), is registered as a PRC domestic company and governed by the Enterprise Income Tax Laws of the PRC. Its taxable incomes are subject to an enterprise income tax rate of 33%. The 5th Session of the 10th National People's Congress amended the Enterprise Income Tax Law of PRC that became effective on January 1, 2008. The newly amended Enterprise Income Tax Law introduces a wide range of changes which include, but are not limited to, the unification of the income tax rate for domestic-invested and foreign-invested enterprises at 25%. This change has reduced the income tax rate paid by Sino-China from 33% to 25% since January 1, 2008. This affects the dividends payable by Sino-China to Trans Pacific and, ultimately, to us. In addition, according to the amended detailed implementation and administrative rules, the new income tax law broadens the tax reductions in terms of categories and extents for the domestic companies. We expect the new income tax law will bring with it a positive impact on our company's net profits in 2008 and onwards.

Other Select Data

As of June 30, 2008, the company had US$9.6 million in cash and cash equivalents and short-term investments, compared to US$0.5 million in 2007. Net cash generated from operating activities and capital expenditures for the full year 2008 was US$0.7 million and US$0.5 million, respectively. Mr. Cao noted that the cash on hand at June 30, 2008 for Sino-Global exceeded the amount immediately after the closing of the company's IPO, stating that the company was pleased about its efficient execution on its strategic goals to date.

As of June 30, 2008 the company had 62 employees compared to 46 employees on June 30, 2007.

Business Outlook for the Full Year of 2009

The company expects 2009 revenues to be in the range of approximately US$22.6 million to US$24.9 million, representing annual growth of 50% to 65% over 2008. This forecast is a current and preliminary view and is subject to change.

About Sino-Global Shipping America, Ltd.

Registered in the United States in 2001 and operating primarily in Mainland China, Sino-Global is a leading, non-state-owned provider of high- quality shipping services. With local branches in six of China's 76 ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality services to shipping companies entering Chinese ports. With a subsidiary in Perth, Australia, where it has a contractual relationship with a local shipping agency, Sino-Global provides complete shipping agent services to companies involved in trades between Chinese and Australian ports. Sino-Global also operates a subsidiary in Hong Kong, China, to provide comprehensive shipping agent services to vessels going to and from this world's busiest ports.

Sino-Global provides ship owners, operators and charters with comprehensive yet customized shipping services including intelligence, planning, real-time analysis and on-the-ground implementation and logistics support. Sino-Global has achieved both ISO9000 and UKAS certifications.

Forward-Looking Statements

No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Sino-Global's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undo reliance on these forward- looking statements, which speak only as the date hereof. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Sino- Global's anticipated growth strategies; Sino-Global's future business development, results of operations and financial condition; expected changes in the company's revenues and certain cost or expense items; Sino-Global's ability to attract customers and leverage its brand; Sino-Global's timely receipt of payment from customers under new and existing contracts; trends and competition in the shipping and shipping agency industries; the company's ability to hire, train and retain qualified managerial and other employees; the company's ability to develop and market new services in a timely and cost- effective manner; the expected growth of the Chinese economy and the shipping industry in particular; fluctuations in currency exchange rates; applicable tax rates; the continued viability of the partnership model of expansion; and Sino-Global's ability to leverage our subsidiaries located outside the U.S. for tax and revenue benefits. Sino-Global undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

For investor and media inquiries, please contact:

In the United States:

Ms. Manxi Liu

Ogilvy Financial, New York

Tel: +1-212-880-5361

Email: Manxi.Liu@ogilvypr.com

In China:

Ms. Flora Tian

Ogilvy Financial, Beijing

Tel: +86-10-8520-6524

Email: Flora.Tian@ogilvy.com

EX-99.3

Exhibit 99.3

Sino-Global Establishes Subsidiary in Hong Kong, China and Establishes Branch in Zhoushan, China

Monday September 29, 5:00 pm ET

BEIJING, Sept. 29 /Xinhua-PRNewswire/ -- Sino-Global Shipping America, Ltd. (Nasdaq: SINO - News; "Sino-Global"), a leading, non-state-owned provider of shipping agency services operating primarily in China, today announced the establishment of a new wholly-owned operating subsidiary, Sino-Global Shipping (HK) Limited ("Sino-Global HK"). Sino-Global HK will become Sino-Global's control and management center for southern Chinese ports and will enable Sino-Global to extend its offering of comprehensive shipping agency services to vessels going to and from one of the world's busiest ports. Sino-Global also announced that it has established a branch in Zhoushan, Jiangsu province, China.

"In line with our strategy to build a world-class shipping agency, we are expanding our geographic operations in order to better serve our clients from port to port," said Mr. Cao Lei, Sino-Global's chief executive officer. "Southern Chinese ports are typically shallow-water ports, and many of our clients' vessels must first dock in Hong Kong's deep-water port to unload a significant portion of their cargo before proceeding to ports in Mainland China. We expect that the establishment of our Hong Kong subsidiary will allow us to extend our comprehensive set of high-quality shipping agency services to another stop along our clients' journeys and provide ample opportunities for business development. Likewise, we expect our establishment of local operations in Zhoushan will bring us one step closer to our goal of providing a consistent level of personal attention and service to our clients in each of China's 76 unique ports."

Through Sino-Global HK, Sino-Global expects to provide the same level of shipping agency services currently provided in Mainland China, including intelligence, planning, real-time analysis of port-related information and execution of in-port logistics. The company noted that in addition to helping it better serve existing clients, it expects an established presence in Hong Kong will allow Sino-Global to attract new business opportunities and increase the number of ships it serves.

With its deep-water port and status as a regional business and logistics hub, Hong Kong is firmly established as the naval gateway into China. Hong Kong is one of the world's busiest container ports with a throughput of nearly 24 million TEUs (Twenty-Foot Equivalent Units) in 2007, according to the Marine Department of the government of the Hong Kong Special Administrative Region. It was the world's busiest container port from 1987 to 1989, from 1992 to 1997, and from 1999 to 2004.

Zhoushan port in Jiangsu province is located adjacent to the Ningbo port, at the crossroads of China's north-south shipping route and is an important gateway into the Yangtze River, making it one of the busiest ports in Mainland China. Jiangsu province has a population of over 75 million residents.

About Sino-Global Shipping America, Ltd.

Registered in the United States in 2001 and operating primarily in Mainland China, Sino-Global is a leading, non-state-owned provider of high-quality shipping services. With local branches in six of China's 76 ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality services to shipping companies entering Chinese ports. With a subsidiary in Perth, Australia, where it has a contractual relationship with a local shipping agency, Sino-Global provides complete shipping agent services to companies involved in trades between Chinese and Australian ports. Sino-Global also operates a subsidiary in Hong Kong, China, to provide comprehensive shipping agent services to vessels going to and from this world's busiest ports.

Sino-Global provides ship owners, operators and charters with comprehensive yet customized shipping services including intelligence, planning, real-time analysis and on-the-ground implementation and logistics support. Sino-Global has achieved both ISO9000 and UKAS certifications.

Forward-Looking Statements

No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Sino-Global's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undo reliance on these forward- looking statements, which speak only as the date hereof. Specifically, Sino- Global cannot guarantee that the establishment of a subsidiary in Hong Kong, the establishment of a branch in Zhoushan, the commencement of operations in Hong Kong or any planned expansion of services will produce any revenues, provide any other benefits or meet the prospects referenced herein. Sino- Global undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

For investor and media inquiries, please contact:

In the United States:

Ms. Manxi Liu

Ogilvy Financial, New York

Tel: +1-212-880-5361

Email: Manxi.Liu@ogilvypr.com

In China:

Ms. Flora Tian

Ogilvy Financial, Beijing

Tel: +86-10-8520-6524

Email: Flora.Tian@ogilvy.com